The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-24

strong and more active; fair refining quoted at
4ac; molasses sugar, 5-16a44 muscovado Al
IA 7-16c ST. Croix TIC 043c; Porto Rico. 43c;
centrifugal s 3-l6c for 90 test; refined firm and
active; G, Al 04sc; extra c, a 64sc: white extra
A, DC; yellow, Al a. .c; off A, 81 05 3-16c; mold
A, 1871 05Ic standard a. l,loc; OLD cGntes
55c; cubes 1916 q &c. Molasses steady; 80 test,
20c. Rice In fair demand and hrm.
Tallow steady at 3 1916 d3sc Rosin dull.
Eggs firm and in fair inquiry; receipts, COOS
packages: Western, ID a 134c.
Pork dull and nominal. Cut meats firm; pick
led shoulders. g n &c. Lard couple of points
higher but quiet; Western steam, spot. quoted at
6 Oh a &c: June, 6971c; July, 7.06 7.08c; Au-
gust Z IA a T. 15c; September. Z % a T. 24c; Octo-
Der. 20 al. 30c; city steam 6. Zoe.
Butter quiet and weak. Cheese steady and
quiet
CHICAGO. May 23.-The opening markets on
Change were unusually active and in decided
contrast to the duilness which prevailed on Sat
urday. Wheat was strong and higher, and there
was considerable nervousness displayed. June
opened at S84c and solo TO S83c almost immeol-
ately. July and August were actively bid tor;
June wheat sold up to 895c. reacted to 864c. and
then steadily advanced to S6sc. The clique did
very little. After the first spurt of activity In
the long futures. those months became very
quiet, though very steady. As the returns be-
gan to become in from various points, 1t became
evident that the visible supply of wheat would
not show the amount of decrease that was pre-
dicted for it early in the day. The early esti-
mates were for decrease of 2,OOO.OOO bushels,
rivals at New York were quite large. and went
long way toward keeping the decrease down.
The unsatisfactory returns caused the price OF
June wheat to ease off to 884c, the opening fig
ure. But toward the close of the morning ses-
sion wheat became frmer. and June
closed at S81c At the afternoon session
heavy exports from the seaboard and higher
markets at ST. Louis and other points, together
with increased nervousness among the shorts"
made wheat preceptibly irmer. and June sold to
SOC, and closed at SSsc. Corn and oats, owing to
the rains last night and yesterday. were decided
ly weak at the opening July and August oats
were about &c lower than Saturday, at 279c
for July and 27c for August. The oats crowd
were very active for some time after the start.
and considerable trading was done in July and
August futures. Later In the day the market
Quoted down. and July closed at the opening fig
ure, and August at 26sc. July corn opened at
4OEc. and sold down to 40ac in short time.
Around this figure it was very quiet and steady
until towards midday, when IL declined to 4Oac.
During the afternoon session it stiffened some
what, and closed at 40sc. More hogs arrived
than were expected, causing July ribs to open
weak at z 224c. This weakness was only tempo
rary. and July ribs advanced 10c in the first
hour of the session. July lard. which opened
at 75c, also advanced to 6.775c. After the early
advance provisions remained rather steady dur
ing the day. and closed at SOC for July lard,
and 1850 for July ribs. The leading futures
ranged as follows: